Housing costs in Lebanon?
A typical home costs
$556,900, which is 64.7% more expensive than the national average of
$338,100 and 28.9% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Lebanon costs
$2,230 per month, which is 55.9% more than the national average of
$1,430 and 23.3% more than the state average of
$1,710.
Can I afford Lebanon?
To live comfortably in Lebanon (zip 08833), New Jersey, a minimum annual income of
$106,560 for a family, and
$70,800 for a single person is recommended.
What does A.I. say about Lebanon?
The cost of living in Lebanon, NJ (08833) is relatively high compared to other cities in its region. The median home value in Lebanon is $269,700, which is over double the national median of $184,700. Groceries and healthcare costs are also higher than the national average, while transportation and utilities expenses tend to be a bit lower. Overall, Lebanon residents can expect to pay more than what they would elsewhere for basic services and necessities.